Flowers are not the only thing that will bloom this year on Passover, the
holiday of Spring; the job market will also be growing.
According to an
analysis by the Federation of Israeli Chambers of Commerce (FICC), the economy
will add 9,900 news jobs in the areas of trade, accommodations and food. Nearly
4,600 of those jobs will be in the food and catering sector.
A 19 percent
revenue boost over February is expected in retail chains as people prepare their
homes for the Passover Seder, buying ingredients, purchasing new outfits and
enjoying holiday sales while shopping on days off from work.
expected sales increases of 16% in food, 27% in clothes, 24% in shoes, 112% in
household items and 35% in electronics and furniture, this year’s holiday
economic boost will be somewhat short of the average bumps seen in the past
decade, according to the study.
The FICC also reminded employers that the
law specifies requirements for additional pay on holiday work hours.